
Sir Keir Starmer
(Picture: PA Wire)The question which is torturing Rishi Sunak and Jeremy Hunt will soon confront the Labour Party. In the Autumn Statement on Thursday the Chancellor will reveal his decisions on taxation. Even allowing for the fact that spending cuts are coming, the burden of taxation will have to fall somewhere. The Labour response will tell us something too about how they would act.
In the prelude to Thursday, Hunt has floated some unlikely options. There have been rumours that capital gains tax will be applied to the primary domestic residence and whispers of a large increase in inheritance tax.